Entrepreneurial Finance and Accounting

Lecture, three hours. Designed for juniors/seniors. Introduction to fundamental concepts of financial management of early-stage companies, with particular emphasis on capital formation of new ventures. Relationship between entrepreneurs and investors and discussion of different goals of founders and investors, including nature of negotiation and relationship between parties over time. Letter grading.

Review Summary

Clarity
3.3 / 10
Organization
6.7 / 10
Time
10-15 hrs/week
Overall
3.3 / 10

Reviews

    Quarter Taken: Fall 2023 In-Person
    Grade: C

    Professor Borman's "quizzes" are actually each worth 15% of your grade and should be called "midterms" as they take the entire 75-minute lecture time to finish, the questions can be pretty long, and they are pretty difficult. You need to understand a lot of accounting concepts, how to read financial statements, and how to calculate formulas for financial reporting and managerial accounting. Also, it would be best if you hung out to every word of the lecture even though some of his explanations can be long-winded. He makes you go to office hours in case anything from the lecture is unclear, but in my opinion, reviewing the lectures should already be clear enough on top of doing the readings (hint: it's not). The exam questions are going to be mostly conceptual but some are a degree or two away from what you actually learned in class, which kind of sucks. If you're not a FAM or Biz/Econ major you might be spending a lot of time of the readings. Also, he records lecture but it doesn't show the slides and he calls on everyone at random in alphabetical order, and you're docked if you're not present or can't answer.

Course

Instructor
Casey Borman
Previously taught
23F 22F 21F 20F 19F

Grading Information

  • No group projects

  • Attendance required

  • 2 midterms

  • Finals week final

  • 100% recommend the textbook